Security Service Mortgage Lending & HMDA Data, 2013

In 2013, Security Service of San Antonio, TX reported 3,055 mortgage applications totaling $363.4 million, up 47% from 2012. The average application was for $118,963, and applicants reported an average income of $89,076. 49% of its applications resulted in an originated loan and 24% were denied. Its largest markets were San Antonio-New Braunfels, TX (1,755), Denver-Aurora-Broomfield, CO (186) and McAllen-Edinburg-Mission, TX (149) (applications in parentheses).

Mortgage Company & Address Security Service
15000 W Interstate 10 Bldg 4
San Antonio, TX 78249
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 3,055
Total Mortgage Loan Application Amount $363,434,000
Average Mortgage Loan Application Amount $118,963
Highest Mortgage Loan Application Amount $1,727,000
Average Applicant Income $89,076
Highest Applicant Income $1,781,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Security Service filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Security Service by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bexar, Texas 1,422 $ 125,365,000 $ 88,161 $ 78,000
Hidalgo, Texas 149 $ 10,797,000 $ 72,463 $ 66,000
El Paso, Colorado 110 $ 16,312,000 $ 148,290 $ 101,000
Cameron, Texas 108 $ 6,696,000 $ 62,000 $ 71,000
Comal, Texas 91 $ 16,212,000 $ 178,153 $ 116,000
El Paso, Texas 78 $ 8,752,000 $ 112,205 $ 88,000
Utah, Utah 65 $ 9,667,000 $ 148,723 $ 86,000
Denver, Colorado 63 $ 20,723,000 $ 328,936 $ 133,000
Pueblo, Colorado 62 $ 4,750,000 $ 76,612 $ 61,000
Guadalupe, Texas 61 $ 7,530,000 $ 123,442 $ 94,000
Medina, Texas 57 $ 6,324,000 $ 110,947 $ 83,000
Salt Lake, Utah 51 $ 10,063,000 $ 197,313 $ 118,000
Nueces, Texas 50 $ 5,260,000 $ 105,200 $ 124,000
Arapahoe, Colorado 47 $ 15,447,000 $ 328,659 $ 160,000
Uvalde, Texas 44 $ 3,200,000 $ 72,727 $ 81,000
Kendall, Texas 42 $ 7,985,000 $ 190,119 $ 133,000
Weld, Colorado 39 $ 3,773,000 $ 96,743 $ 73,000
Travis, Texas 36 $ 15,316,000 $ 425,444 $ 202,000
Atascosa, Texas 33 $ 3,337,000 $ 101,121 $ 68,000
Jefferson, Colorado 29 $ 5,366,000 $ 185,034 $ 91,000
San Patricio, Texas 29 $ 2,812,000 $ 96,965 $ 71,000
Larimer, Colorado 27 $ 3,314,000 $ 122,740 $ 77,000
Wilson, Texas 27 $ 3,592,000 $ 133,037 $ 105,000
Douglas, Colorado 23 $ 8,925,000 $ 388,043 $ 145,000
Bandera, Texas 22 $ 2,283,000 $ 103,772 $ 91,000
Boulder, Colorado 15 $ 3,657,000 $ 243,800 $ 127,000
Harris, Texas 15 $ 2,268,000 $ 151,200 $ 116,000
Adams, Colorado 14 $ 2,114,000 $ 151,000 $ 125,000
Hays, Texas 12 $ 2,747,000 $ 228,916 $ 120,000
Washington, Utah 12 $ 1,395,000 $ 116,250 $ 106,000
Maverick, Texas 10 $ 779,000 $ 77,900 $ 89,000
Webb, Texas 10 $ 868,000 $ 86,800 $ 78,000
Williamson, Texas 10 $ 2,811,000 $ 281,100 $ 128,000
Zavala, Texas 9 $ 626,000 $ 69,555 $ 84,000
Fort Bend, Texas 8 $ 998,000 $ 124,750 $ 131,000
Kerr, Texas 8 $ 493,000 $ 61,625 $ 53,000
Park, Colorado 7 $ 850,000 $ 121,428 $ 121,000
Aransas, Texas 7 $ 675,000 $ 96,428 $ 93,000
Tarrant, Texas 6 $ 1,094,000 $ 182,333 $ 73,000
Val Verde, Texas 6 $ 249,000 $ 41,500 $ 68,000
Gillespie, Texas 5 $ 655,000 $ 131,000 $ 94,000
Jim Wells, Texas 5 $ 409,000 $ 81,800 $ 67,000
Willacy, Texas 5 $ 242,000 $ 48,400 $ 90,000
Teller, Colorado 4 $ 733,000 $ 183,250 $ 162,000
Caldwell, Texas 4 $ 251,000 $ 62,750 $ 85,000
Dallas, Texas 4 $ 862,000 $ 215,500 $ 127,000
Denton, Texas 4 $ 604,000 $ 151,000 $ 100,000
Dimmit, Texas 4 $ 163,000 $ 40,750 $ 78,000
Gonzales, Texas 4 $ 340,000 $ 85,000 $ 80,000
Kleberg, Texas 4 $ 478,000 $ 119,500 $ 129,000
Montgomery, Texas 4 $ 588,000 $ 147,000 $ 116,000
Davis, Utah 4 $ 952,000 $ 238,000 $ 155,000
Bell, Texas 3 $ 235,000 $ 78,333 $ 69,000
Brazos, Texas 3 $ 370,000 $ 123,333 $ 93,000
Burnet, Texas 3 $ 1,091,000 $ 363,666 $ 350,000
Collin, Texas 3 $ 841,000 $ 280,333 $ 149,000
Frio, Texas 3 $ 354,000 $ 118,000 $ 59,000
Broomfield, Colorado 2 $ 281,000 $ 140,500 $ 79,000
Chaffee, Colorado 2 $ 380,000 $ 190,000 $ 91,000
Custer, Colorado 2 $ 60,000 $ 30,000 $ 70,000
Delta, Colorado 2 $ 65,000 $ 32,500 $ 34,000
Fremont, Colorado 2 $ 100,000 $ 50,000 $ 61,000
Lake, Colorado 2 $ 227,000 $ 113,500 $ 66,000
Las Animas, Colorado 2 $ 84,000 $ 42,000 $ 40,000
Rio Grande, Colorado 2 $ 245,000 $ 122,500 $ 25,000
Summit, Colorado 2 $ 24,000 $ 12,000 $ 70,000
Bee, Texas 2 $ 199,000 $ 99,500 $ 81,000
Blanco, Texas 2 $ 166,000 $ 83,000 $ 70,000
Brazoria, Texas 2 $ 207,000 $ 103,500 $ 115,000
DeWitt, Texas 2 $ 93,000 $ 46,500 $ 73,000
Kinney, Texas 2 $ 104,000 $ 52,000 $ 50,000
Llano, Texas 2 $ 284,000 $ 142,000 $ 136,000
Refugio, Texas 2 $ 87,000 $ 43,500 $ 107,000
Starr, Texas 2 $ 101,000 $ 50,500 $ 90,000
Victoria, Texas 2 $ 202,000 $ 101,000 $ 66,000
Walker, Texas 2 $ 230,000 $ 115,000 $ 74,000
Sanpete, Utah 2 $ 530,000 $ 265,000 $ 168,000
Summit, Utah 2 $ 207,000 $ 103,500 $ 43,000
Tooele, Utah 2 $ 135,000 $ 67,500 $ 142,000
Wasatch, Utah 2 $ 396,000 $ 198,000 $ 179,000
Alamosa, Colorado 1 $ 110,000 $ 110,000 $ 57,000
Eagle, Colorado 1 $ 992,000 $ 992,000 $ 1,749,000
Elbert, Colorado 1 $ 401,000 $ 401,000 $ 188,000
Huerfano, Colorado 1 $ 30,000 $ 30,000 $ 45,000
Logan, Colorado 1 $ 178,000 $ 178,000 $ 54,000
Mesa, Colorado 1 $ 25,000 $ 25,000 $ 70,000
Otero, Colorado 1 $ 41,000 $ 41,000 $ 53,000
Brooks, Texas 1 $ 63,000 $ 63,000 $ 60,000
Coryell, Texas 1 $ 115,000 $ 115,000 $ 112,000
Duval, Texas 1 $ 64,000 $ 64,000 $ 84,000
Ector, Texas 1 $ 7,000 $ 7,000 $ 28,000
Hill, Texas 1 $ 48,000 $ 48,000 $ 150,000
Johnson, Texas 1 $ 162,000 $ 162,000 $ 105,000
Kaufman, Texas 1 $ 247,000 $ 247,000 $ 82,000
Kimble, Texas 1 $ 184,000 $ 184,000 $ 148,000
La Salle, Texas 1 $ 110,000 $ 110,000 $ 57,000
McLennan, Texas 1 $ 90,000 $ 90,000 $ 48,000
Polk, Texas 1 $ 138,000 $ 138,000 $ 52,000
Real, Texas 1 $ 115,000 $ 115,000 $ 113,000
Scurry, Texas 1 $ 50,000 $ 50,000 $ 68,000
Terrell, Texas 1 $ 60,000 $ 60,000 $ 49,000
Washington, Texas 1 $ 87,000 $ 87,000 $ 110,000
Wharton, Texas 1 $ 88,000 $ 88,000 $ 65,000
Zapata, Texas 1 $ 9,000 $ 9,000 $ 35,000
Carbon, Utah 1 $ 45,000 $ 45,000 $ 37,000
Garfield, Utah 1 $ 10,000 $ 10,000 $ 70,000
Kane, Utah 1 $ 105,000 $ 105,000 $ 119,000
Uintah, Utah 1 $ 150,000 $ 150,000 $ 225,000

Mortgage Loan Application Detail Totals for Security Service in 2013

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 1,800 $194,791,000 $108,000 $1,727,000 $83,000 $1,749,000
Home Purchase 714 $148,361,000 $207,000 $1,352,000 $109,000 $1,781,000
Home Improvement 541 $20,282,000 $37,000 $200,000 $83,000 $1,680,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Hispanic 1,129 $85,515,000 $75,000 $1,200,000 $66,000 $384,000
White 983 $125,695,000 $127,000 $1,352,000 $96,000 $1,500,000
Not Provided 693 $66,711,000 $96,000 $609,000 $85,000 $1,680,000
Not applicable 137 $73,659,000 $537,000 $1,727,000 $253,000 $1,781,000
Black or African American 60 $5,463,000 $91,000 $1,100,000 $87,000 $640,000
Asian 39 $5,350,000 $137,000 $372,000 $106,000 $426,000
American Indian or Alaskan Native 10 $685,000 $68,000 $162,000 $60,000 $148,000
Native Hawaiian or Other Pacific Islander 4 $356,000 $89,000 $200,000 $55,000 $65,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,992 $354,627,000 $118,000 $1,727,000 $90,000 $1,781,000
FHA-insured (Federal Housing Administration) 47 $6,056,000 $128,000 $301,000 $65,000 $181,000
VA-guaranteed (Veterans Administration) 16 $2,751,000 $171,000 $313,000 $99,000 $242,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,509 $141,861,000 $94,000 $880,000 $85,000 $859,000
Application Denied By Financial Institution 732 $62,472,000 $85,000 $1,100,000 $70,000 $1,680,000
Application Withdrawn By Applicant 456 $49,926,000 $109,000 $739,000 $84,000 $552,000
File Closed For Incompleteness 215 $34,366,000 $159,000 $1,352,000 $89,000 $486,000
Loan Purchased By The Institution 137 $73,659,000 $537,000 $1,727,000 $253,000 $1,781,000
Application Approved But Not Accepted 6 $1,150,000 $191,000 $312,000 $109,000 $180,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Other 328 $16,455,000 $50,000 $220,000 $66,000 $1,680,000
Credit History 236 $16,548,000 $70,000 $544,000 $64,000 $385,000
Debt-To-Income Ratio 84 $13,352,000 $158,000 $792,000 $56,000 $245,000
Collateral 30 $5,977,000 $199,000 $680,000 $135,000 $552,000
Credit Application Incomplete 12 $2,049,000 $170,000 $373,000 $104,000 $205,000
Insufficient Cash (Downpayment, Closing Cost) 7 $767,000 $109,000 $206,000 $75,000 $111,000
Unverifiable Information 2 $198,000 $99,000 $102,000 $45,000 $70,000
Employment History 2 $171,000 $85,000 $161,000 $28,000 $42,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Security Service's 2013 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Security Service's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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